Preview

Bulletin of "Turan" University

Advanced search

Investment priorities of industrial enterprises and forms of fundraising in conditions of digital economy

Abstract

The article considers the issue of investment priorities options for enterprises in conditions of digital transformation of economy. The new economic growth cycle or the “4-th Industrial revolution” requires a creation of flexible production systems, adapted to changing conditions of consumer demand or creating demand for new technology products. On the basis of research reports of World Economic Forum and McKinsey Global Institute a review of developing trends in enterprise’s digitalization and conclusions on modern investment priorities is made. One of the main factor of successful investment decisions for industrial enterprises is a speed of introduction of digital technologies, which become more efficient than investments for creation of new production capacities. Changes may be classified in accordance with quantitative and qualitative aspects. Measurable quantitative benefit includes measurable benefits from cost reduction and additional revenue. Qualitative advantages can be achieved by enhancement of production planning and controlling, more efficient and ecology friendly utilization of resources, increased flexibility of production and customer satisfaction level. The impact of cost reduction and receiving benefits from digital transformation of enterprises is directly reflecting on company’s capitalization level and its market value. In conditions of uncertainty of investment profitability, the author proposes an option for investments attraction for enterprise’s digitalization projects, based on company’s future revenues securitization and quasi-money circulation in form electronic financial instruments on digital platform. The considered structure of investments can be used for control of investment’s disbursements and future financial cash flows.

About the Author

M. M. Sartbayev
Университет «Туран»
Kazakhstan


References

1. Википедия. Стратагемы. 11: https://clc.to/11stratagema.

2. Википедия. Матрица BCG. Брюс Д. Хендерсен: https://ru.wikipedia.org/wiki/Матрица_БКГ.

3. Gerbert P., Lorenz M., Rüßmann M., Waldner M., Justus J., Engel P., Harnisch M. 2015. Industry 4.0: The Future of Productivity and Growth in Manufacturing Industries. BCG Perspectives: https://www.bcg.com/publications/2015/engineered_products_project_business_industry_4_future_productivity_growth_manufacturing_industries.aspx.

4. Igor H. Ansoff. Strategic Management. 1979. Игорь Ансофф: Стратегическое управление. - М., 1989 // Электронная публикация: Центр гуманитарных технологий. - 20.02.2012: URL: https://gtmarket.ru/laboratory/basis/4155.

5. Информационный документ Всемирного экономического форума «Четвертая промышленная революция: целевые ориентиры развития промышленных технологий и инноваций». Январь 2019 г.: https://clc.to/WEF-4-industial-revolution.

6. Bughin Jacques, Chui Michael, Joshi Raoul, Manyika James, Seong Jeongmin. McKinsey Global Institute. Notes From the AI Frontier: Modeling the Impact of AI on the World Economy. Discussion Paper. September 2018: https://clc.to/mckinsey-insights-ai.

7. Wolf Richter. Fed Cuts QE Helicopter Money for Wall Street Further. Still Hasn’t Bought Junk Bonds or ETFs. Was Just Jawboning.Wolf Street. May 8, 2020: https://wolfstreet.com/2020/05/08/fed-cuts-qe-helicopter-money-for-wall-street-further-still-hasnt-bought-junk-bonds-or-etfs-was-just-jawboning/.

8. Marcus Lu. How Global Central Banks are Responding to COVID-19, in One Chart. VisualCapitalist. May 20, 2020: https://www.visualcapitalist.com/global-central-banks-policy-response-covid-19/.

9. The World Economic Forum. In collaboration with McKinsey & Company. White Paper. The Next Economic Growth Engine. Scaling Fourth Industrial Revolution Technologies in Production. January 2018: http://www3.weforum.org/docs/WEF_Technology_and_Innovation_The_Next_Economic_Growth_Engine.pdf.

10. Giacomo Büchi, Monica Cugno, Rebecca Castagnoli. Smart factory performance and Industry 4.0. Technological Forecasting and Social Change. Volume 150. January 2020. 119790: https://www.sciencedirect.com/science/article/pii/S004016251931217X?via%3Dihub.


Review

For citations:


Sartbayev M.M. Investment priorities of industrial enterprises and forms of fundraising in conditions of digital economy. Bulletin of "Turan" University. 2020;(2):183-188. (In Russ.)

Views: 285


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)